• While student enrolment in the country has increased from 32.3 million in 2013-14 to 36.64 million in 2017-18, only 1 hostel bed is available to 6 students enrolled for higher education.
  • Tapping this gap, the top 30 players in student housing/co-living space offer a cumulative stock of more than 250,000 beds; stock to witness a CAGR of 36% between 2019-2023.
  • More than USD 700 million have been committed as investments in the student housing/co-living sector by players such as Warburg Pincus, Sequoia Capital, Goldman Sachs, HDFC amongst others.
  • Going forward, systemization of the student accommodation industry expected; govt. support critical to ensure the sector achieves its growth potential.
  • New operation models to emerge, a targeted approach by operators is critical to ensure product acceptability.
  • Affordability, safety and flexibility to remain key to success; being located in mixed use developments can help cater to the live, work, play generation.